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When Congress cuts taxes, or the stock market rises, consumer spending tends to increase.
As jobs are cut and unemployment rises, consumer spending is sure to weaken further.
While confidence in the president rises, consumer confidence has slumped.
Similar(57)
In Sydney and Melbourne prices rose by about 5% in the three months to the end of June; they rose even faster in Oslo.That said, the traditional harbinger of rate rises, consumer-price inflation, remains relatively benign.
In the absence of wage rises, consumers must borrow to buy goods and services.
If economic activity stays slow, and unemployment rises, consumers will become more cautious, making them more reluctant to spend.
Rising consumer spending, exports and investment all helped.See article.
Though industrial production is rising, consumer confidence remains low.
So I wasn't much affected by rising consumer prices.
If prices hold steady or rise, consumer confidence could strengthen.
But in the last few weeks, expectations rose on strong jobs reports and rising consumer confidence.
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